Analog Devices Inc (NYSE:ADI) Rating Upgraded to Outperform by BMO Capital

A representative for Maxim declined to comment, while a spokeswoman for Analog Devices didn’t respond to messages seeking comment. The 50-Day Moving Average price is $55.66 and the 200 Day Moving Average price is recorded at $61.19.

[Capital Cube] Analog Devices Inc (NASDAQ:ADI)(TREND ANALYSIS) change in share price of 20.70% for the last 12 months is better than its peer median. The consensus target price stands at $67.25.

There are a number of brokerage firms which offer projections on earnings and future stock movement of the stock. (NYSE:ADI), 11 rate it “Buy”, 1 “Sell”, while 7 “Hold”. RBC Capital Markets initiated the firm’s rating on August 3. On Jun 1, 2015, the shares registered one year high at $68.97 and the one year low was seen on October 15, 2014.

A recent analyst activity consisted of Citigroup upgrading their Neutral rating to Buy on September 30.

The price to earnings ratio, or the valuation ratio of a company’s current share price compared to its per-share earnings sits at 25.59. Around 3% of the company’s shares, which are float, are short sold. On the date of report, the stock closed at $56.41.

Maxim had a market value of about $17.58 billion while Maxim had a market value of $9.88 billion as of Tuesday close.

GlaxoSmithKline plc (GSK) of the Healthcare is up 1.07% this morning at $40.54 and 342800 shares.

Analog Devices, Inc.is engaged in the design, fabrication and promotion of high performance analog, mixed signal and digital signal processing integrated circuits (NYSE:ADI). The Company’s produces a wide range of products including data converters, amplifiers and linear products, radio frequency (RF) ICs, power management products, sensors based on micro-electro mechanical systems (MEMS) technology and other sensors, and processing products, including DSP and other processors that are created to meet the needs of a broad base of customers.